-ins for monetary union with respect to Germany. Using tests for cointegration and common features for monthly data during the …

bank lending. We are using a dataset on assets and liabilities of commercial banks from five countries (France, Germany …

Germany, we find that works councils affect wage growth only in combination with collective bargaining. Wage adjustments to …

We analyze the distribution and taxation of top incomes in Germany during the 1990s on the basis of individual tax … findings are as follows: (i) incomes are highly concentrated in Germany, more than commonly thought; (ii) the German economic … concentrated in Germany, more than commonly thought; (iv) although effective tax rates are significantly lower than statutory ones …

In Germany, the employment response to the post-2007 crisis has been muted compared to other industrialized countries …

structural breaks in the dynamics and the volatility of the real output process in Germany can be detected. We report evidence … that output volatility has declined in Germany. Yet, this decline in output volatility is not as clear-cut as it is in the … in Germany reflects good economic and monetary policy or merely ?good luck?. …